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role of an active market for corporate control and of competition in banking integration. European listed banks … profitability appears to converge to a common level. There is weak evidence that competition eliminates high profits for these banks …
Persistent link: https://www.econbiz.de/10012463912
Persistent link: https://www.econbiz.de/10001479120
Environmental policies may have important consequences for firms' competitiveness or profit-ability. However, the empirical literature shows that hardly any statistically significant effects on firms can be detected for the European Union Emissions Trading Scheme (EU ETS). We explain why there...
Persistent link: https://www.econbiz.de/10011785693
Economic studies on the degree of competition (DC) in banking systems use various measures which are subsumed under the … measures. Thus, the economic validity of derived conclusions regarding the competition intensity is chal-lenged. …
Persistent link: https://www.econbiz.de/10011869939
of enforcement activity by European competition authorities in labor markets relative to the US. While enforcement action … competition enforcement in labor markets. The article identifies sectors and practices that may be scrutinized with priority by … European competition authorities and proposes a mix of enforcement, merger control and well-targeted policy and regulatory …
Persistent link: https://www.econbiz.de/10013415712
internationally comparable data. This paper reviews measurement methodologies, posits desired attributes, and presents theoretical and …
Persistent link: https://www.econbiz.de/10012316940
A number of economic studies have used a proxy for world real economic activity derived from shipping costs. This measure turns out to depend on a normalization that has substantive consequences of which users of the index had been unaware prior to this paper. This paper further evaluates this...
Persistent link: https://www.econbiz.de/10012479728
This paper presents new research and analysis to develop a methodology for improving the measurement of the upper tail …
Persistent link: https://www.econbiz.de/10012481436